Courtesy | Tivli
Tivli, which offers a live streaming TV service over the Web for university students, has raised $6.3 million in funding.?
Tivli, a Boston startup founded by Harvard students to bring live TV to university students over the Web, has raised $6.3 million in Series A funding led by New Enterprise Associates and including backers such as HBO and Mark Cuban's Radical Investments.
Others taking part in the round were Felicis Ventures, Rho Ventures, CBC New Media Group and WME.
The company had previously raised seed funding from NEA, Flybridge Capital Partners, the Experiment Fund, Felicis and TriplePoint Capital. An SEC filing Wednesday indicates Tivli has raised $8.96 million in equity funding.
The new funding will be used to support Tivli's expansion in the university market and other initiatives, the company said in a news release.
Tivli's IP-based service delivers television to university students on their devices anywhere on campus. The service includes live streaming to major broadcast as well as cable channels.
Tivli began offering the service to Harvard students in September 2011. Other universities now using the service include Yale, Texas A&M University, the University of Washington and Wesleyan University.
The startup, based at the Harvard Innovation Lab in Allston, was founded by Tuan Ho and Nicholas Krasney, engineers who graduated from Harvard in 2009.
From the news release:
VC & Startups
Source: http://feedproxy.google.com/~r/bizj_national/~3/FjojbeLReG4/web-tv-startup-tivli-raises-896m.html
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